Stifel Canada Boosts Earnings Estimates for OR Royalties

Key Points

• Stifel Canada has raised its earnings estimates for OR Royalties, projecting FY2025 earnings per share (EPS) to be $0.82, up from a previous forecast of $0.78.
• OR Royalties recently recorded a net margin of 35.25% but reported quarterly earnings of $0.13 per share, missing analysts' expectations of $0.17.
• The company has also announced a quarterly dividend of $0.055 per share, with an annualized yield of 0.6% and a payout ratio of 59.46%.

OR Royalties Inc. (NYSE:OR - Free Report) - Equities researchers at Stifel Canada increased their FY2025 EPS estimates for OR Royalties in a note issued to investors on Monday, October 20th. Stifel Canada analyst I. Rico now expects that the basic materials company will post earnings of $0.82 per share for the year, up from their prior forecast of $0.78. The consensus estimate for OR Royalties' current full-year earnings is $0.62 per share. Stifel Canada also issued estimates for OR Royalties' FY2026 earnings at $1.14 EPS and FY2027 earnings at $1.18 EPS.

OR Royalties (NYSE:OR - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.04). The business had revenue of $60.36 million for the quarter, compared to analyst estimates of $83.25 million. OR Royalties had a net margin of 35.25% and a return on equity of 8.56%.

OR has been the topic of a number of other reports. Wall Street Zen raised shares of OR Royalties from a "hold" rating to a "buy" rating in a research report on Saturday, October 4th. Raymond James Financial reaffirmed a "market perform" rating and set a $41.00 price target (up from $36.00) on shares of OR Royalties in a research report on Friday, October 10th. CIBC reaffirmed an "outperform" rating on shares of OR Royalties in a research report on Tuesday, July 15th. Jefferies Financial Group reaffirmed a "hold" rating and set a $40.00 price target (up from $34.00) on shares of OR Royalties in a research report on Monday, October 6th. Finally, Scotiabank boosted their target price on shares of OR Royalties from $26.00 to $28.00 and gave the stock a "sector outperform" rating in a research report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, OR Royalties currently has an average rating of "Moderate Buy" and a consensus target price of $33.00.

OR Royalties Trading Up 1.6%

Shares of OR stock opened at $34.65 on Thursday. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 93.64 and a beta of 0.75. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 0.03. OR Royalties has a fifty-two week low of $17.55 and a fifty-two week high of $42.25. The firm's 50 day moving average price is $35.53 and its two-hundred day moving average price is $28.94.

OR Royalties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 30th. OR Royalties's payout ratio is presently 59.46%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. raised its holdings in OR Royalties by 3.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 155,883 shares of the basic materials company's stock valued at $3,292,000 after acquiring an additional 5,883 shares in the last quarter. Bessemer Group Inc. raised its holdings in OR Royalties by 155.1% in the first quarter. Bessemer Group Inc. now owns 55,100 shares of the basic materials company's stock valued at $1,164,000 after acquiring an additional 33,500 shares in the last quarter. U S Global Investors Inc. raised its holdings in OR Royalties by 32.6% in the first quarter. U S Global Investors Inc. now owns 540,977 shares of the basic materials company's stock valued at $11,423,000 after acquiring an additional 132,964 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in OR Royalties by 32.3% in the first quarter. Bank of New York Mellon Corp now owns 19,138 shares of the basic materials company's stock valued at $404,000 after acquiring an additional 4,669 shares in the last quarter. Finally, Genus Capital Management Inc. raised its holdings in OR Royalties by 203.3% in the first quarter. Genus Capital Management Inc. now owns 105,800 shares of the basic materials company's stock valued at $2,233,000 after acquiring an additional 208,230 shares in the last quarter. 68.52% of the stock is owned by institutional investors and hedge funds.

OR Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.

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